Ethena (ENA) has broken out of a descending channel and is currently retesting the breakout zone, with the $0.10 support level being crucial for further momentum. The cryptocurrency is trading near $0.107, down 3.95% in the last 24 hours, as it seeks confirmation of the breakout. Analyst Jonathan Carter highlights that holding above the $0.10 support is vital for Ethena to maintain its upward trajectory. If this level holds, Ethena could target higher resistance levels at $0.13, $0.19, $0.25, $0.35, $0.46, $0.67, and potentially $0.88. However, a failure to sustain above $0.10 could lead to a return to consolidation.